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Marlin Business Services wants stockholders to approve proxy access-related proposal

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Marlin Business Services wants stockholders to approve proxy access-related proposal

MountLaurel, N.J.-based MarlinBusiness Services Corp.'s board recommends that stockholders votein favor of a shareholder proposal regarding proxy access, according to adefinitive proxy statement filed April 29.

GeorgePelose, who has held at least $2,000 worth of the company's common stock sinceDec. 24, 2014, said that a proxy access bylaw should be adopted requiring thecompany to include in proxy materials prepared for a shareholder meeting at whichdirectors are to be elected the name, disclosure and statement of any personnominated for election to the board by a shareholder or group that meetscertain criteria.

Stockholdersof record as of April 8 are entitled to vote at the annual meeting to be heldJune 8.